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Property profile & analytics
OFF-MARKET
Estimated value
$3,370,000
Office buildings
Expy 83 La Joya, TX 78560
Entity Owned
7-yr Hold
Free & Clear
Property ID
US82-8803268
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
13,739 SF
Lot
3.51 ac (152,734 SF)
Zoning code
RS
APN
Q0960-00-000-000A-00
UPID
US82-8803268
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.77M
Comparable Approach
Comparable
$2.97M
Blend (final)
Blend
$3.37M
Owner & transaction history
Cura Medical LLC · 7 yrs held
Cura Medical LLC
since 2018
4 recorded transactions
Zoning & alternative use
RS · La Joya, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs La Joya submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Joya submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,085,000
6.5%
$3,770,000
7%
$3,500,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,595,000
Current use
COMMERCIAL (GENERAL)
$2,115,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$3.37M
Range $3.03M – $3.71M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$245 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$2,000,532
Assessed 2023
Previous assessed
$2,000,532
+0.0% YoY
Assessed land
$985,141
Assessed improvement
$1,015,391
Land market value
$985,141
Improvement market value
$1,015,391
Total market value
$2,000,532
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
13,739 SF
Lot
3.51 ac (152,734 SF)
Zoning code
RS
APN
Q0960-00-000-000A-00
UPID
US82-8803268
Jurisdiction
HIDALGO
Zoning & alternative use
RS · La Joya, TX
Zoning RS · permitted uses
RS · La Joya, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Joya. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.51 ac
Current owner
From public records · entity-resolved
Cura Medical LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX H H, LA JOYA, TX 78560-0180
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2018
—
Cura Medical LLC
Texas Er Properties Ltd
Grant Deed
related
—
Feb 27, 2018
—
Cura Medical LLC
Texas Er Properties Ltd
Grant Deed
related
—
Aug 12, 2016
—
Texas Er Properties Ltd
City Of La Joya
Grant Deed
related
—
May 22, 2015
—
City Of La Joya
Plainscapital Bk
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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